APX and NYSE Euronext plan green venture

first_img Share APX and NYSE Euronext plan green venture whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Tuesday 7 September 2010 10:39 pm whatsappcenter_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com KCS-content Show Comments ▼ NYSE Euronext and environmental markets infrastructure provider APX will create a joint venture, NYSE Blue, to develop global environmental markets, the companies said yesterday.“The intention is to create other exchanges in other parts of the market. NYSE Blue will operate as one single company around the world and the trading infrastructure will be linked,” Brian Storms, who will become NYSE Blue’s chief executive when the deal is cleared, said yesterday.NYSE Blue will focus on environmental commodities related to carbon emissions and renewable energy trading but it also sees potential for new types of trading around energy efficiency and water.Storms, who is currently the chairman and chief executive of APX, would not comment on the value of the joint venture.US-based financial markets operator NYSE Euronext said earlier it would contribute its 60 per cent shareholding in French emissions exchange BlueNext and be the majority owner of NYSE Blue.Shareholders in APX, including Goldman Sachs, MissionPoint Capital Partners and ONSET Ventures will take a minority stake in NYSE Blue in return for their shares in APX.NYSE Blue will try to attract “important and strategic” investors into the new company, Storms said.It will offer services such as pre-trade and post-trade platforms, environmental registry services, markets reference data and the BlueNext spot emissions platform. Tags: NULLlast_img

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